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forex news
Yuan takes leap toward joining IMF currency basket
China's yuan moved closer to joining other top global currencies in the International Monetary Fund's benchmark…
Dollar consolidates after recent rally, Aussie flies on robust jobs data
The dollar was down against the euro and yen on Thursday as the currency consolidated after a recent rally, while…
Oil prices edge away from two-month low, but outlook stays weak
Oil prices edged away from over two-month lows on Thursday, but the outlook remains bleak as traders ditch…
Egyptian currency surprisingly up by 0.20 pounds against dollar
Egypt's central bank boosted the currency by 0.20 pounds to record 7.7301 to the dollar Wednesday, bankers said.…
Euro wobbles on Portuguese risk, Aussie takes China data in stride
The euro wobbled on Wednesday as political uncertainty in Portugal weighed on the currency already bracing for…
Oil prices drop on rising stockpiles, slowing Asian economies
Crude oil prices fell on Wednesday after industry data showed an increase in U.S. stockpiles, while China's factory…
Crude oil rises after OPEC says market to be balanced in 2016
Oil prices rose on Tuesday after the head of OPEC forecast a more balanced market next year and the U.S. energy…
Dollar edges away from highs but more bet on Fed hike by year-end
The dollar ceded some ground to the euro as investors took profits on Monday, after robust U.S. employment data…
Brent regains ground after slide, but dollar weighs
Brent crude futures edged up on Monday, recovering from a three-day decline, but a firm dollar after robust U.S.…
Crude futures edge up, but U.S. inventory build drags
Oil futures were up slightly in early Asian trade on Thursday after losses the previous session on official figures…